Reversal swing date for the week of 12/14 – 12/18
Monday - Hogs, Crude oil, RBOB gas, T-Bonds, Coffee
Tuesday - Silver, Eurocurrency, British pound, Australian dollar, Japanese yen, Swiss franc, Cocoa
Wednesday - Cattle
Thursday - Soybeans
Friday - Wheat, S&P, Dow Jones
10 reasons why traders are turning to the RT Swing Trader.
1-Pattern based trading – uses extensively tested algorithms to identify high probability patterns.
2-Eliminates emotions that typically cause traders to stay with losing trades or stay away from winning trades.
3-Idenifies “Sweet spots” where markets are building energy inside a trend that precede explosive market moves.
4-Intelligent and dynamic protective stops that automatically adjust based off market direction, price range and momentum, therefore, protective stops are determined by actual market conditions and are not arbitrary.
5-Reversal Tracker is more specific than other trading systems that only provide you with graphs and data and then leave it up to you to decide when to buy and sell. Most trading software or systems merely present charts and indicators that force traders to filter market data through his or her own fear, greed and prejudices. People do not think rationally when their money is involved.
6-Easy to use or it can be set to trade automatically.
7-Need more info, just click and view the chart to see the signal patterns, price projections and current order placements.
8-The complete trade strategy is always predefined with well-tested entry and exit rules to help prevent trading on impulses.
9-Very versatile and flexible in designed so it can be used on a wide spectrum of markets. Therefore it is universal to Bonds, Stocks, commodities, Forex or any other freely traded market, or any time frame.
10-“Principle based” trading system because the Algorithms are based on timeless and universal fundamental principles of the market, therefore it will work under any condition or any timeframe, whether it is in bull or bear markets.
Reversal swing dates for 11/30 – 12/4
Monday - Canadian dollar, Swiss franc, Cocoa
Tuesday - T-Bonds, Japanese yen, Coffee
Wednesday - Soy meal, Heating oil, S&P, Dow Jones, Eurocurrency, British pound, Australian dollar
Thursday - Crude oil
Friday - Hogs
Characteristics of a Good Swing Trading Strategy
The first step to becoming a successful swing trader is to have a definitive trading strategy. Random trading efforts can lead to severe losses and quickly end your trading career before you have a chance to develop your skills and implement your plan. The ideal swing trading scenario is to have profitable transactions based from a specific trading strategy, but even the best strategy will have losing trades. However, I have found that a trader can derive great benefit from reviewing losing trades to learn what went wrong with their strategy and why the strategies did not work in a particular situation.
Secondly, your swing trading strategies should be based on the market condition. Many trading strategies will look good and may work theoretically, but you must have the proper “setup” so that the strategy matches the market condition. You cannot look at swing trading strategies in isolation or separate your strategy from the current market condition. Blind application of strategies is same as trading randomly.
An important factor for your trading strategy is the ability to identify crucial trading points such as the entry point, exit point as well as a stop loss point before taking a position in the market. Your success or failure depends on your ability to identify these three factors while trading.
You must have your own approach to identifying these parameters. For example, you can use technical indicators or various patterns setups to determine your signals. For your trading strategy to be a successful one, it should have well defined guidelines to identify trade signals and the interpretation of those signals to make right entries and exits. Your strategy should also help minimize emotions from the trading strategy.
Identifying the right entry point is only a small part of a successful swing trading strategy. For a strategy to be successful it should also be able to identify the exit point. The correct exit point is the most critical part of the strategy and can be the difference between a successful trade or a losing trade.
You may have an excellent trading strategy but its success depends on your ability to follow rules defined in the strategy. If you are impulsive, you may exit sooner than you should and minimize your profit levels or wait too long result in a loss. It is also important that you know when you can employ a particular swing trading strategy.
You can save yourself from all the hassles and stress by making use of swing trading software programs such as Reversal Tracker.
Reversal dates for the week of 11/23 – 11/27
Monday - Eurocurrency, Japanese yen
Tuesday - Hogs, Soybeans, Bean oil, Gold
Wednesday - Corn, Silver
Thursday -
Friday -
Reversal Swing Dates 11/16 – 11/20
Monday - Bean oil, Crude oil, RBOB Gasoline, Heating oil
Tuesday - Hogs, Soy meal, Coffee
Wednesday - Japanese yen
Thursday - Corn, Wheat, Soybeans, Dow Jones, British pound
Friday - T-Bonds, Canadian dollar, Eurocurrency, Swiss franc
Characteristics of Good Swing Trading Strategies
The first step to becoming a successful swing trader is to have a definitive trading strategy. Random trading efforts can lead to severe losses and quickly end your trading career before you have a chance to develop your skills and implement your plan. The ideal swing trading scenario is to have profitable transactions based from a specific trading strategy, but even the best strategy will have losing trades. However, I have found that a trader can derive great benefit from reviewing losing trades to learn what went wrong with their strategy and why the strategies did not work in a particular situation.
Secondly, your swing trading strategies should be based on the market condition. Many trading strategies will look good and may work theoretically, but you must have the proper “setup” so that the strategy matches the market condition. You cannot look at swing trading strategies in isolation or separate your strategy from the current market condition. Blind application of strategies is same as trading randomly.
An important factor for your trading strategy is the ability to identify crucial trading points such as the entry point, exit point as well as a stop loss point before taking a position in the market. Your success or failure depends on your ability to identify these three factors while trading.
You must have your own approach to identifying these parameters. For example, you can use technical indicators or various patterns setups to determine your signals. For your trading strategy to be a successful one, it should have well defined guidelines to identify trade signals and the interpretation of those signals to make right entries and exits. Your strategy should also help minimize emotions from the trading strategy.
Identifying the right entry point is only a small part of a successful swing trading strategy. For a strategy to be successful it should also be able to identify the exit point. The correct exit point is the most critical part of the strategy and can be the difference between a successful trade or a losing trade.
You may have an excellent trading strategy but its success depends on your ability to follow rules defined in the strategy. If you are impulsive, you may exit sooner than you should and minimize your profit levels or wait too long result in a loss. It is also important that you know when you can employ a particular swing trading strategy.
You can save yourself from all the hassles and stress by making use of swing trading software programs such as Reversal Tracker.
Possible market action for next week.
Sell signals were triggered in all the grains and it looks like the pressure will continue into next week.
A significant buy signal was triggered in the Japanese yen. The pattern suggests the market should continue higher into the November 18th reversal swing date with a potential target of 1.1140.
Bearish patterns developed in the energies with sell signals triggered in Heating oil and RBOB gas. New sell pattern in Crude oil are suggesting more pressure next week.
Gold and Silver have reached upside target objectives and could be setting up for a potential sell.
Reversal Swing dates for the week of Nov 9 thru Nov 13.
Monday - Hogs, S&P, Dow Jones
Tuesday - Soybeans, Coper, T-Bonds, British pound, Swiss franc
Wednesday - Corn, Japanese yen
Thursday - Sugar
Friday - Crude oil, RBOB gas, Heating oil, Gold, Swiss franc
RT Swing Trader Software
